Roslyn Hinchliffe

Mar 26, 2024 | lexology.com | Max Allan |Claire Warren |Roslyn Hinchliffe

Over a decade ago, Australia introduced requirements to report information about OTC derivative transactions as part of its G20 derivatives reform commitments in the aftermath of the global financial crisis. The derivative transaction reporting rules made by ASIC establish these requirements in Australia. These rules were originally introduced in 2013 (ASIC Derivative Transaction Rules (Reporting) 2013) and were remade in 2022 (ASIC Derivative Transaction Rules (Reporting) 2022).

Mar 28, 2023 | lexology.com | Vishal Ahuja |Claire Rogers |Dale Rayner |Roslyn Hinchliffe |Nick Forbutt

The Safeguard Mechanism reforms are set to become law with some amendments, after the Federal Government struck a deal with the Greens to secure their support. The reforms aim to limit industrial emissions and are a central policy component of the Government’s plan to meet its emissions reduction target of 43% below 2005 levels by 2030. In exchange for the Greens’ support, the Government agreed to several amendments including a cap on actual emissions and a pollution trigger.